I don't own any shares, as I said previously, I used to own...

I don't own any shares, as I said previously, I used to own Argus Solutions (ASV), and did a fair bit of work comparing thier respective technologies. I believe Argus has the more robust and marketable technology, being an iris recognition solution, as compared with BQT. I lost money on Argus, and am still amazed that the market pays the price it does for BQT, for the reasons I explained before.

You can live in your fantasy land and try and convince yourself that a company with such tiny revenues and repeated losses is worth $35M today, or you can face facts - the abilityof BQT to take its new technology to market (ie commercialise) will take longer than you expect. Splitting hairs over whether $500k per quarter is fully commercialised or not is not what you should be asking yourself - you're a very shallow investor smuggler - and your ramps prove as much!